This has some nostalgia for sure. Can guarantee that kid got wrung out by his dad for destroying the garage door shooting pucks after school.
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Originally Posted by Crawford
That is just so odd from a U.S. perspective. It looks like someone took Dallas highrises and put them in Warren, MI.
What is the typical buyer demographic for a giant condo tower in the middle of 70's-era sprawl?
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You have to keep in mind that the vast majority of the GTA's condo stock operates more as our rental supply. No one really built purpose-built rental towers since the 70's. They were finally starting to again, with even big institutional players like Desjardins getting into the game. Although, rent control implemented last year probably killed any chances of that taking off.
So a large portion of these are probably investor-owned and rented out to younger people. Unless you work downtown Toronto, you probably have to drive to work in the GTA. if you're located west of the 427, it doesn't make too much sense to pay Toronto rent and drive out of the city every morning.